Norway vs OECD members: Monetary Sector credit to private sector (% GDP)

Norway
108.3%
in 2025
OECD members
70.0%
in 2024
Norway rank
19th
OECD members rank
16th

Monetary Sector credit to private sector (% GDP) over time

  • Norway
  • OECD members
255075100125196019922025

How they compare

Norway currently reports 108.3% against 70.0% in OECD members, a difference of 38.3%.

That makes Norway's figure about 1.5 times OECD members's.

The two have swapped places 1 time across 64 shared years of data; in 1960 it was OECD members ahead.

Norway ranks 19th and OECD members ranks 16th of 187 countries.

Across the 7 decades both report, Norway averaged higher in 3 and OECD members in 4.

Head to head by decade

Decade Norway OECD members Difference Ahead
1960s 33.2% 43.0% 9.8% OECD members
1970s 32.9% 58.7% 25.7% OECD members
1980s 45.8% 72.6% 26.8% OECD members
1990s 59.3% 86.5% 27.2% OECD members
2000s 93.6% 83.6% 10.1% Norway
2010s 111.6% 81.8% 29.8% Norway
2020s 109.1% 77.5% 31.6% Norway

Averages of every year both report within each decade.

Frequently asked questions

Which has higher monetary sector credit to private sector, Norway or OECD members?
Norway, at 108.3% against 70.0% in OECD members as of 2025.
What is the difference in monetary sector credit to private sector between Norway and OECD members?
38.3%, with Norway ahead.
How many years of comparable data are there for Norway and OECD members?
64 years are reported by both, from 1960 to 2024.
How do Norway and OECD members rank globally for monetary sector credit to private sector?
Norway ranks 19th and OECD members ranks 16th of 187 countries.
Where does this data come from?
International Financial Statistics database, International Monetary Fund (IMF), published as Monetary Sector credit to private sector (% GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Norway vs OECD members: Monetary Sector credit to private sector. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 24 October 2026, from https://financial-sector.statizoid.com/compare/monetary-sector-credit-to-private-sector-percent-gdp/norway/oecd-members/

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About this data

Indicator
Monetary Sector credit to private sector (% GDP)
Unit
% GDP
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
234 places, 11,609 data points, 1960–2025
Last refreshed

Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.